Financial Express

1 day ago | financialexpress.com | Prasanta Sahu

After months of dithering, the government may allow banks to levy merchant discount rate (MDR) charges on UPI transactions beyond a threshold. The move is in the wake of the need being felt to compensate banks and and payment service providers for their operational costs and investments in technology to ensure a secure payment infrastructure. Various options are being looked at, and a transaction threshold would need to be fixed, above which the transactions could apply, sources told FE.

1 day ago | financialexpress.com | S Shanthi

Drone technology startups are witnessing rapid growth, marked by soaring revenues, deeper market penetration, and expanding technological capabilities. Over the past six months, this momentum has been particularly noticeable, on the back of favourable policy frameworks, increasing demand across sectors, and a maturing innovation ecosystem. One of the key drivers has been the widening scope of drone use cases, from agriculture and infrastructure inspection to defence and disaster response.

1 day ago | financialexpress.com | Arun Prakash

Tata is offering the Harrier EV in four colour schemes namely Nainital Nocturne, Empowered Oxide, Pure Grey, and Pristine White along with a Stealth Edition that comes wrapped in matte black shade. Interiors of Harrier EV mirror its diesel-powered namesake. Gets a dual-tone treatment inside the cabin for the regular variants and an all-black theme for the Stealth Edition. The Summon Mode lets you move the Harrier EV back and forth with the help of the key fob.

3 days ago | financialexpress.com | Vikram Chaudhary

Tata Motors on Tuesday entered the premium electric SUV segment with the launch of the Harrier EV, priced starting Rs 21.49 lakh (ex-showroom). The move comes at a time when Mahindra & Mahindra has been gaining ground in the EV segment with strong sales of its recently launched BE 6 and XUV 9e. In the two months since their launch, Mahindra has sold 10,000 units of these models, giving it a temporary lead over Tata in the electric SUV space.

3 days ago | financialexpress.com | Nitin Kumar

Automakers participating in the electric vehicle (EV) manufacturing policy will need to meet prescribed revenue targets or face financial penalties, according to detailed guidelines released under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). Companies approved under the scheme must generate a minimum revenue of Rs 5,000 crore by the end of the fourth year and Rs 7,500 crore by the end of the fifth year from the sale of eligible electric vehicles.